Claim 30% Off Global Market Reports With Code ONLINE30 – Insights on Tariff Effects, Global Trade, and Industry Disruptors

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What Is The Projected Valuation Of The Jellies & Gummies Market In The Coming Years?

The market for jellies & gummies has experienced steady growth in the past years. The market is projected to rise from $2.67 billion in 2024 to $2.74 billion in 2025, indicated by a compound annual growth rate (CAGR) of 2.5%. Factors contributing to growth during the historic period include seasonal and festive demands, changes in consumer tastes, variety and flavor innovations, marketing and branding approaches, as well as cultural and demographic shifts.

Expectations are that the market for jellies & gummies will experience consistent expansion in upcoming years, with projections suggesting growth to “$3.2 billion in 2029” at an annual rate of growth, on average, of 4.0%. This anticipated rise through the forecast period is anticipated to be due to adjustments to regulatory amendments, the benefits from a dietary and nutritional perspective, sustainable and nature-friendly packaging, a growth in vegan and organic options, and ongoing innovation of products. The forecast period also anticipates dominant trends such as local and worldwide flavor developments, marketing through digital platforms and influencers, craftsman and premium sectors, convenience and ease of transport, reminiscence of childhood and treats for adults.

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Which Demand Drivers Are Strengthening The Jellies & Gummies Market?

The global jellies and gummies market is being propelled by a surge in confectionery goods demand among the worldwide population. Baked pastries, candies, gummies, jellies, and sweets fall under the category of confectionery products. As these items are delicious and quick to consume, individuals leading a speedy lifestyle are showing more preference towards them. For instance, the US-based National Confectioners Association (NCA) reported in September 2023, gum, chocolate, mints, and candy generated a revenue of $38.7 billion in the previous year, demonstrating a 3.2% increase from the preceding 52 weeks. The share of chocolate stood at $21.4 billion, while non-chocolate candy was $13.7 billion, with a 1.5% year-on-year growth observed in chocolate dollar sales for the 52 weeks concluding on August 11, 2024. Therefore, the expanding demand for confectionary products among the international population is expected to drive the jellies and gummies market growth.

What Segmentation Insights Are Provided In The Jellies & Gummies Market Research?

The jellies & gummiesmarket covered in this report is segmented –

1) By Type: Jellies, Gummies

2) By Flavor: Grapefruit, Cherry, Peach, Berries, Apple, Other Flavors

3) By Application: Consumer Aged Under 14, Consumer Aged 15 To 31, Consumer Aged 31 And Older

4) By Distribution: Store Based, Non-Store Based

Subsegments:

1) By Jellies: Fruit Jellies, Gelatin Jellies, Specialty Jellies

2) By Gummies: Fruit-Flavored Gummies, Vitamin And Supplement Gummies, Herbal And Functional Gummies, Vegan And Plant-Based Gummies

Which Notable Trends Are Transforming The Jellies & Gummies Market Outlook?

Leading companies in the jellies & gummies market are innovating nutrition supplements, including gummies and jelly strips, to accommodate the hectic lifestyles of millennials and establish a competitive position in the market. These gummies and jelly strips are nutrition supplements that provide a tasty and convenient solution for people to fulfill their dietary requirements. For instance, in February 2022, Amway India, a subsidiary based in India selling health, beauty, and home care items, launched the Seize the Day gummies for overall health, D-fence jelly strips enriched with Vitamin D3 for bone health and immunity, and I-Candy gummies containing Lutein & Zeaxanthin for eye health. These supplements, under its Nutrilite brand, are available in the form of gummies and jelly strips. They cater specifically to the nutritional demands of the younger generation, emphasizing bone health, eye health, and overall well-being in a convenient format.

Who Are The Major Stakeholders Operating In The Jellies & Gummies Market?

Major companies operating in the jellies & gummies market include Nestle S.A., Mars Incorporated, Mondelez International Inc., Arcor S.A.I.C., Ferrero SpA, The Hershey Company, Guanshengyuan Group, Meiji Co Ltd., Perfetti Van Melle S.p.A., Haribo GmbH & Co KG, Lotte Confectionery Co Ltd., Ferrara Candy Company, Morinaga & Co Ltd., Cloetta AB, Jelly Belly Candy Company, Ezaki Glico Co Ltd., Albanese Confectionery Group Inc., Trolli GmbH, Yupi Industria e Comércio de Alimentos Ltda., Casa Del Dolce SRL, Candy Kittens Ltd., Mederer GmbH, GGB Candies LLC, Black Forest Candy Company, European Food Public Co Ltd., The Natural Confectionery Co, Maynards Bassetts Inc., Smart Sweets, Wowo Group, JellyCoe LLC

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Which Regional Markets Are Emerging As Key Hubs For The Jellies & Gummies Market?

North America was the largest region in the jellies and gummies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the jellies & gummies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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